SIREN : 393224621
HYDROELECTRIQUE DU THORE is a French company founded 32 years ago, specialized in the sector Production d'électricité. Based in MAZAMET (81200), this company of category PME shows in 2021 a revenue of 208 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|
| Revenue | 208 194 € | 189 354 € | 207 724 € | 277 041 € | 195 777 € | 198 036 € |
| Net income | 36 124 € | 33 266 € | 21 525 € | 105 606 € | 56 852 € | 58 267 € |
| EBITDA | 134 845 € | 100 447 € | 91 856 € | 198 962 € | 79 361 € | 96 104 € |
| Net margin | 17.4% | 17.6% | 10.4% | 38.1% | 29.0% | 29.4% |
In 2021, HYDROELECTRIQUE DU THORE achieves revenue of 208 k€. Revenue is growing positively over 6 years (CAGR: +1.0%). Vs 2020: +10%. After deducting consumption (0 €), gross margin stands at 208 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 135 k€, representing 64.8% of revenue. Positive scissor effect: EBITDA margin improves by +11.7 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 36 k€, i.e. 17.4% of revenue. This profit can be retained or distributed to shareholders.
208 194 €
208 194 €
134 845 €
32 647 €
36 124 €
64.8%
The debt ratio (= Financial debt / Equity x 100) stands at 29%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 76%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 60.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
28.63%
76.087%
60.665%
2.299
53.2%
In 2021, the debt ratio of HYDROELECTRIQUE DU THORE (28.63) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2021, the financial autonomy of HYDROELECTRIQUE DU THORE (76.1%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
In 2021, the repayment capacity of HYDROELECTRIQUE DU THORE (2.30) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
The liquidity ratio (= Current assets / Current liabilities) stands at 1504.33. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 1.1x. Coverage is limited: any activity downturn would jeopardize interest payments.
1504.327
1.141
In 2021, the liquidity ratio of HYDROELECTRIQUE DU THORE (1504.33) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
In 2021, the interest coverage of HYDROELECTRIQUE DU THORE (1.1x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 68 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 39 days. The company must finance 29 days of gap between collections and payments. Inventory turnover is 11 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 116 days of revenue, i.e. 67 k€ to permanently finance. Over 2016-2021, WCR increased by +649%, requiring additional financing.
66 941 €
68 j
39 j
11 j
116 j
Based on 85 transactions of similar company sales
(all years),
the value of HYDROELECTRIQUE DU THORE is estimated at
227 156 €
(range 31 691€ - 908 160€).
With an EBITDA of 134 845€, the sector multiple of 2.4x is applied.
The price/revenue ratio is 0.69x
(in line with sector norms).
This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 85 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare HYDROELECTRIQUE DU THORE with other companies in the same sector:
Voir toutes les statistiques du secteur Production d'électricité
The revenue of HYDROELECTRIQUE DU THORE in 2021 is 208 k€.
Yes, HYDROELECTRIQUE DU THORE generated a net profit of 36 k€ in 2021.
The headquarters of HYDROELECTRIQUE DU THORE is located in MAZAMET (81200), in the department Tarn.
The tax return of HYDROELECTRIQUE DU THORE is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).
HYDROELECTRIQUE DU THORE operates in the sector Production d'électricité (NAF code 35.11Z). See the 'Sector positioning' section above to compare the company with its competitors.